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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Revenue | 496M | 429M | 315M | 321M |
| Cost of revenue | 246M | 219M | 168M | 161M |
| Gross profit | 250M | 210M | 148M | 160M |
| Research and development | 48M | 38M | 31M | 29M |
| Selling, general and administrative | 74M | 64M | 51M | 49M |
| Operating expenses | 122M | 102M | 82M | 78M |
| Operating income | 128M | 108M | 65M | 81M |
| Pre-tax income | 52M | 131M | 88M | 88M |
| Income tax | 2M | 13M | 9M | 8M |
| Net income | 51M | 119M | 79M | 80M |
| Earnings per share | 1.11 | 2.62 | 1.76 | 1.81 |
| Earnings per share, diluted | 1.04 | 2.42 | 1.63 | 1.68 |
| Weighted average shares | 45,703 | 45,279 | 44,725 | 44,158 |
| Weighted average shares, diluted | 49,970 | 49,369 | 48,863 | 48,229 |
| Metric | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 178M | 126M | 120M | 148M | 242M |
| Short-term investments | — | 79M | 31M | 19M | — |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | 142M | 122M | 79M | 58M |
| Depreciation and amortisation | 12M | 11M | 6M | 4M |
| Capital expenditure | 14M | 10M | 8M | 8M |
| Investing cash flow |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| Receivables | — | 91M | 99M | 87M | — | — |
| Inventory | — | 112M | 111M | 86M | — | — |
| Current assets | — | 897M | 620M | 547M | — | — |
| Property, plant and equipment | — | 65M | 54M | 42M | — | — |
| Goodwill | — | 74M | 74M | 74M | — | — |
| Total assets | — | 1.26B | 892M | 788M | — | — |
| Current liabilities | — | 107M | 124M | 97M | — | — |
| Total liabilities | — | 643M | 343M | 312M | — | — |
| Equity | — | 617M | 549M | 476M | 384M | 294M |
| Shares outstanding | — | 46M | 45M | 45M | — | — |
| Shares issued | — | 48M | 48M | 47M | — | — |
| Treasury shares | — | 2M | 2M | 2M | — | — |
| −310M |
| −56M |
| −107M |
| −151M |
| Financing cash flow | 219M | −60M | 182,000 | 3,000 |